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Know the Hidden Costs of New Construction

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Buying new construction can seem like a good way to avoid a lot of the headaches that come with older homes. With things built to your specifications and brand new everything, you’ll pay a lot less in decor and maintenance costs. But new builds do have some hidden costs that could end up putting a big dent in your wallet.

Here’s what you need to know:

1. Understand that the model home is like the top trim package on a car–it has all of the upgrades. And those upgrades probably cost thousands of dollars. When you tour the model home, pay attention to the things that will definitely be in your house like the layout.

2. Know what’s included in the base model. Some base models come with appliances and all of your home necessities included while others come with just the bones of the house. It depends on the builder, but you need to know exactly what you’re walking into.

3. Read the warranty. Not all builder warranties are the same, and they will cover different things. Make sure you understand what will and won’t be covered so you aren’t surprised down the line.

4. Use your own agent. The agents working at the new construction are the builder’s agents–not yours. That means they work to get the builder the best deal possible, even at your expense. Protect yourself and get a fair deal by hiring your own buyer’s agent.

If you’re looking for an agent to make sure you get the best deal while buying new construction, just send give us a call! Chris 480-754-9077 & Cheryl 480-754-9477

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Get An Offer On Your Home

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Would you like an offer on your home and skip the headaches and hassles of selling traditionally.

Companies are ready to make a very competitive offer on your home. They buy it, turn it around, and sell 30-90 days to the public for a tiny profit.

You get convenience and speed in return.

This means:

  • Close quickly, get equity from your home in as little as 7 days
  • Multiple competitive offers – fast
  • You pick your closing date
  • No showings or open houses
  • No negotiating with buyers
  • Skip the cost, time and (in some cases) embarrassment of getting your home market ready
  • Freedom to move on your timeline
  • No strangers and REALTORS® walking through your home
  • No risk of two mortgage payments

We know companies who will buy your home directly at a fair price. We will negotiate all offers for you so you get the best price and terms. Your offer is competitive. These are not “sharks” who buy your home for 50% of it’s value. You get solid offers and a real listing valuation within 24 hours of us viewing your home. We’ll help you break down your options in a side by side comparison and see which works best for your unique situation.

Contact us and we’ll be in touch to price your home, get photos taken, and submit it to the companies who will buy it from you hassle-free!

Top 3 Questions to Ask a Realtor®

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With so many agents available in the valley, it can be overwhelming when it comes to picking the right one. That’s why we put together a list of the top 3 questions to ask a Realtor®.

How many showings should I expect each week?
Expectations are the key to success! If you’re selling your home, wouldn’t you like to know the probability of having a showing every day vs once a week? We know it’s a pain to be cleaning, leaving the lights on, opening the curtains or blinds, vacuuming, and sweeping off the patios. Will you need to do that every day or once a week? Whatever the answer, you’ll want to be prepared.

What single upgrade will bring me the greatest return?
The majority of homes in our area were built between 1970 and 2010. Adding a pool, updating cabinets, replacing countertops, adding a bathroom or replacing your flooring are all items that could get you a positive return on your dollar… as long as they are done wisely. Even newer homes that are less than 10 years old can see a value variance of 15% for the exact same floor plan based on interior upgrades. Knowing the best tips to get you top dollar when selling is key.

How accurate are your estimates of property value, upgrade costs, and ROI?
Anyone can throw out random numbers, but it takes experience to throw out accurate estimates.

We have the experience and expertise to answer these Top 3 questions and all other real estate questions you may have. We are accurate with our advice and offer services to help prepare your home. We look forward to answering all of your questions! Chris 480-754-9077 & Cheryl 480-754-9477

Market Value Versus Assessed Value. What’s the Difference?

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scottsdale townhome photoIt’s important to understand what your home is worth. Knowing your homes value gives you an idea of how much you could receive if you sold the property.  It also plays a part in determining how much property tax you’ll be required to pay.  There are different valuations of a home’s worth and you should understand the difference between market value and assessed value. 

Market value is used to determine how much a buyer would be willing to pay for your home. An appraiser determines market value and is usually hired by your lender. Market value is a vital tool in helping to decide what price to list a property for. Often sellers want to list based on what they feel a buyer should want to pay. However, it is better to list a property based on current market conditions. Market value is based on recent sales of similar homes in the area, along with other factors. 

Assessed value puts market value in the context of property taxes and is based on the laws of the state or county in which you live. Assessed value is calculated as a percentage of the market value of the property. Assessed value is determined by an assessor’s office. Some offices have databases open to the public for you to see the history of your property, as well as what information what factored into its assessment. 

Have more questions about your home’s value? Feel free to send us your questions!  We are always willing to  answer any of your questions so that you can feel comfortable with the home buying or selling process! Contact Us

Click here to get your free home value estimate